International Tax Issues in the Service Industries (Completed)

Thriving as they cross international borders, services are a driving force of the U.S. economy. However, when services cross international borders, they must deal with a host of complex tax rules that Congress has created, including withholding on foreign service providers, sourcing rules, Subpart F rules and myriad other issues that create pitfalls for international services businesses. But there are also opportunities within the complexities for service business that exercise savvy tax planning — such as the creation of an IC-DISC for architecture and engineering firms.

Presented by former IRS attorney and highly regarded international tax practitioner, Robert Misey, J.D., LL.M., M.B.A., this practical two-hour online CPE webinar provides insight and commentary on international tax issues confronting service providers.

All professionals in public practice and in industry involved with cross-border tax planning and compliance matters will benefit from this helpful seminar. During the program, time will be provided for you to submit questions to Mr. Misey.

Who Should Attend
Business tax and finance executives, directors, managers and staff; CPAs; Enrolled Agents; tax preparers and staff; accountants, attorneys and financial advisors who work with and advise service providers that have cross-border operations, activities and issues• Business tax and finance executives, directors, managers and staff; CPAs; Enrolled Agents; tax preparers and staff; accountants, attorneys and financial advisors who work with and advise service providers that have cross-border operations, activities and issues

Topics Covered

• Withholding on foreign service providers in the United States
• The challenges of the sourcing rules for service providers and how they impact the foreign tax credit
• Dealing with the Subpart F rules to avoid foreign personal holding company income on services performed abroad
• How treaties impact the taxation of service income
• Avoiding the creation of a permanent establishment
• Transfer pricing rules for service providers
• Saving taxes for architects and engineers with an IC-DISC

Learning Objectives

• Understand how to structure your service operations in a tax-efficient manner
• Identify international tax compliance and reporting unique to service providers
• Learn to reduce your taxes while staying bullet-proof on audit

Level
Intermediate

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
Basic knowledge of U.S. international income taxation

Advance Preparation
None